NewsCDFI Fund Announces FY 2021 Financial Assistance AwardsOn December 8, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 265 organizations $180.3 million in… December 10, 2021
NewsLawmakers Pass Second Short-Term Funding Bill to Avoid Government ShutdownOn December 2, Congress passed a short-term continuing resolution (CR) to maintain fiscal year (FY) 2021 spending levels through February 18, 2022…. December 7, 2021
NewsRep. Velázquez and Sen. Menendez Introduce Bicameral Bill to Stop Predatory Small Business LoansOn November 18, Rep. Nydia M. Velázquez, the Chairwoman of the House Small Business Committee, and Senator Robert Menendez (D-NJ) introduced the… November 18, 2021
NewsRecord Breaking Funding for CDFI Priorities Included in Historic Build Back Better BillUpdated 11/19/2021 After months of negotiation, the House of Representatives passed their Build Back Better infrastructure bill on November 19. The House approved the… November 9, 2021
NewsFDIC Creates New Office of Minority and Community Development Banking to Support Mission-Driven BanksOn November 2, Federal Deposit Insurance Corporation (FDIC) Chairman Jelena McWilliams announced the creation of a new office to support the agency’s… November 4, 2021
NewsFive CDFI Industry Leaders Elected to OFN Board of DirectorsOn October 21 at the annual OFN Membership Meeting during the 2021 OFN Virtual Conference, member CDFIs placed their votes for five open seats on OFN’s… November 4, 2021
NewsSenate Appropriations Subcommittee Recommends $360 Million for CDFI FundOn October 18, the Senate Appropriations Committee released its Financial Services and General Government funding bill for fiscal year (FY) 2022 appropriations…. October 28, 2021